Excerpt from: Forex
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| November 17, 2008 | | Currency trading with the euro | The euro is rallying this morning in forex trading on the currency market as the G-20 meeting concludes. Even though the participants made noises and promises that they will combat the current situation of global recession, no unified plan was developed.
However, despite this, currency trading with the euro is picking up. The assumption is that members of the euro zone will do their parts to get the European economy moving. The euro has rallied overnight, even though risk aversion remains an issue on the FX market.
| Topic Tags: currency market, currency trading, currency trading euro, euro forex trading, euro zone, forex trading, FX market, G-20 meeting | |
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